#Latest news with #multinationalmerchantsBloomberg2 days agoBusinessBloombergA $60 Billion Visa, Mastercard Slump Seen as Buying OpportunityA report that large multinational merchants are exploring ways to bypass traditional credit-card fees presents investors with an opportunity to buy shares of Mastercard Inc. and Visa Inc., according to Wall Street analysts. Shares of Mastercard shed as much as 6.2% Friday, while Visa lost more than 7.1% — the worst one-day drop in about two months for both stocks. Shares of other payment companies such as American Express Co., PayPal Holdings Inc. and Capital One Financial Corp. also slipped in intraday trading.
Bloomberg2 days agoBusinessBloombergA $60 Billion Visa, Mastercard Slump Seen as Buying OpportunityA report that large multinational merchants are exploring ways to bypass traditional credit-card fees presents investors with an opportunity to buy shares of Mastercard Inc. and Visa Inc., according to Wall Street analysts. Shares of Mastercard shed as much as 6.2% Friday, while Visa lost more than 7.1% — the worst one-day drop in about two months for both stocks. Shares of other payment companies such as American Express Co., PayPal Holdings Inc. and Capital One Financial Corp. also slipped in intraday trading.
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